America’s national debt now exceeds $123 trillion

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I don't think it does. The missing funds from hud and dod have exploded, the last I read from Dr. Mark Skidmore treasury is rolling at least $90 trillion in bonds. That would be direct US liabilities.

So if you added up social security, medicare and federal pensions the total has to be more than $200 trillion

This! Buy silver now. Shave your selves!

This! Buy silver now. Shave your selves!

I'm open to have a look any that you suggest.

That is a good question. US Bonds are held by investment groups, retirement funds, banks and individuals

Mostly they are held by banks for their reserve ratios. US bonds are rated AAA (or maybe AA+ now) and that allows the banks to leverage at least 10 times that amount in new loans.

But recently ZH had an article showing how the banks reserves are growing much faster than their actual loans. So, the government is producing more bonds (debt) than the economy needs. The unneeded bonds are purchased by the fed in their market operations.

Overall the real problem is the degradation of the economy as more and more debt is used to finance speculation instead of production. Production is needed to actually service the debt. You can't service the debt with infinitely growing stock prices.

Not a SINGLE person has yet to explain to me why this debt number is so important.

Its been goin up per second like a forest fire ever since the USdebtclock.org site has been in existence...yet NOTHING ever changes.

This tells ME...that its BASICALLY nothing more than DIGITS on a screen.

If the debt number gets too "big"... a) simply REMOVE a few zeros off of the screen...all across the debtors/creditors quickbooks all over the globe..then VOILA... debt is "reduced" and we all keep it moving!

OR

b} Keep looking at these INSANE unfathomable debt figures increasing by the millisecond, like we all keep doing anyway, laugh at a debt that is more than all the money thats ever been created, since...creation...and KEEP IT MOVING as well!

Which one do you prefer...choice a or b? Both choices have the same outcome...which is...NOTHING EVER HAPPENS TO RESOVLE THE "PROBLEM".

So like everything else in this twilight zone world that we live in...its all theater!!

Modern Monetary Theorists disagree.

Bah come on. The real economy sucks, has ever since at least 2000. Salaries increase around 1-2% every year (if you're lucky) while they inflate the debt around 8-9% every year. This is real inflation, expansion of the monetary base. That means real inflation is around 6%.

True, we haven't had a collapse of the monetary system yet but that's no reason to say it can't happen? Failures occur slowly at first, then all of a sudden.

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David Crayford post I made on 12/18.. on the $28Quadrillion USA debt.

You're caught up in your own maze of financial bullshit though, come on man!

Its still NUMBERS ON A COMPUTER SCREEN. Its not like those dollars are backed by anything of value...hence the infinite printing of more and more and more.

Fake is fake and real is real.

In the fiat currency world Money IS debt, right?

Inflation is the way to "remove" those zeros on the computer screen, that has everyone so freaked out...then rinse and repeat.

The uber rich will never destroy their own game completely...this is all just more drama to keep everyone stuck on stress...as they sit back, eat more caviar, jack off and laugh their asses off.

We'll be having this same conversation 50 years from now...just like they were 50 years ago.

Contstant loop of fake crisis...just chop off the zeros and stop rolling out these ridiculous numbers...cuz its not like China or some damn body is gonna come knocking...and if they did, they would just get knocked out!

Fuck that "debt".



Unless...debt is actually...PEOPLE! Maybe a mass culling is in order, huh?

Its okay this is the mordern age. Its different this time

XD

we can just printing forever. Nothing bad will ever happen.

Now enjoy and ask your local politicans for more money to be printed

Fuckers weren't bitching when corporations and rich people got the largest tax cut ever under Trump.

Or endless war for the past 21 years. Never did find lost trillions from the Pentagon.

But gawd dang - let some fucking checks get wrote for poor peeps in a pandemic and you guys are squealing like fat pigs.

After spending so much money, what actually do you have to show for it, have the people benefitted from it, anything measurable at all ?

That kind of debt should have you guys loosing sleep over, however do you actually pay it back and who is the recipient of that money, it's owed to somebody

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Resetting things during time of world war

Has been the M.O of the globalist going back 100s of years

Actions have been taken. To take away that ability. Public knowlage could not be kept secret

Globalist plan B will be to sit back and interfere in roll out of new system

Nitpick dedcrepencies


Then go around saying we told you so we told you so

Better link? This one had paywall

Quite simply: it used to be that nations who amass huge national Debts
end up suffering from Hyper-Inflation (where the money
becomes almost worthless and a loaf of bread costs $1 Million Dollars).

But apparently the Economist have found a way to keep that
from happening. Or, so they think.

This is just a thumbnail sketch of what it's all about.

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I'm not going to get medicare or social security benefits so although you counted it up that way I am still not in this ginormous debt. In fact, I am probably going to work till I die way past retirement age. I will be happy though because I won't be living in the U.S.A. anymore and worrying about the next ten outrageous things eating my people and country away. Sorry America, everyone loves you but we can't stay here anymore.

It's easy to dodge all the shit in your immediate area.
we've got a few years before shit gets really bad.

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The heinous bastards have kicked the can down the road so many times while raping the American taxpayers it is beyond hateful. I am 65 and wont live to see the worst of it, but my heart breaks knowing what is coming for my grandson and my little 9 yr old niece. The USA will crash and it will be horrible for these youngsters.

mere pocket change compared to what was confiscated from the vatican alone. In the Quintillions! Even better is the bankers get to "eat it". Payback is a bitch. BTW, the vatican is a holding bank for the e-lite blood line family"s. It will be grand. I been waiting for this day for a looooong time. Tiiiimber!!! Patience is virtue/power.

Last Edited by buster4445 on 04/21/2021 05:25 PM

Because they are continuously increasing the money supply.

This causes inflation. Wages go up slower then prices and we all become poor except Bill Gates, Buffet, Musk, etc. Who have investments that protect themselves.

Think of the latest plywood prices example.

March 2020 - $37.98 /sheet

...


February 2021 - $72.49 /sheet

March 2021 - $83.49 /sheet

April 2021 - $95.98 /sheet

They all know that soon it'll all come crashing down, so that's why they're spending our money like drunken sailors.

Good buy Dollar

and, Like i said: pretty soon it will be Hyper-Inflation,
with a loaf of bread costing $1 Million Dollars.
(good work, guys.)

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